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Moneycontrol India :: News :: Sensex EPS expected to move up to Rs 838-845 levels :: :: MARKET OUTLOOK :: Sensex,Haresh Soneji
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Sensex EPS expected to move up to Rs 838-845 levels
2008-05-06 16:54:42 Source : Midcap Radar/CNBC-TV18
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By Haresh Soneji, CNBC-TV18

 

22 companies have declared thier results. Eight big companies yet to declare their results. These companies account for 40% of Sensex PAT results expected by June.

 

Currently Sensex EPS at Rs 822. With these big numbers Sensex EPS expected to move up to Rs 838-845 levels. CNBC TV18 estimates pegged FY08 EPS at Rs 852 lower end on account of dismal performance of auto and metals. Tata Steel, Tata Motors still to declare numbers.

 

 

Sensex Levels for FY09

Pessimist

Realistic

Optimistic

EPS Growth (base Rs 845)

0.1

0.15

0.2

Fwd P/E

 

 

 

15x

13942.5

14576.25

15210

18x

16731

17491.5

18252

20x

18590

19435

20280

Source: CNBC TV18 Analysis

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